HomeMy WebLinkAbout1975-22 - Performance Bond From Stewart Sand and Material CompanyBILL NO. /~ ~a
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ORDINANCE NO. `.~
AN ORDINANCE AUTHORIZING THE CITY CLERK TO RELEASE A PERFORMANCE
BOND FROM STEWART SAND AND MATERIAL COMPANY FOR THE MAINTAINANCE
OF MADDOX ROAD, SAID PERFORMANCE BOND BEING AUTHORIZED BY ORDINANCE
NO. 96A-1.
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE,
MISSOURI, AS FOLLOWS:
Section 1. The City Clerk is hereby authorized to release
a performance bond, a copy of which is attached to Ordinance No.
96A. Said bond being from Stewart Sand and Material Company,
Ed Wilkerson, Inc. and Kansas City Structural Steel Company.
Section 2. The City Clerk is also authorized to refund
the amount of the performance bond held in escrow by the City
of Riverside, Missouri, which has not been rightfully withheld
by the City for the failure of performance of the conditions
by above mentioned. contractors, both jointly and severally.
PASSED THIS S~ day of , 1975.
Mayo
ATTEST:
City Clerk
APPROVED THIS _'7/~'V DAY OF __-__~~ad.~_~ 1975.
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Mayor